{"url":"https://etfiq.com/compare/leverage/dxd-vs-sdow","section":"compare","title":"DXD vs SDOW: which held to its multiple? | ETFIQ","description":"DXD sets out to return -2 times DIA each day and SDOW -3 times. Over the three months to Sep 30, 2026 they finished +1.7 pts and +2.1 pts away.","as_of":"Sep 30, 2026","structured_data":[{"@type":"FAQPage","mainEntity":[{"@type":"Question","name":"Which came closer to its stated multiple, DXD or SDOW?","acceptedAnswer":{"@type":"Answer","text":"Over the window to Sep 30, 2026, DXD finished 1.7 points from what its multiple implies and SDOW finished 2.1 points from its own, so DXD came closer. Neither figure predicts the next window: it depends on how much the underlying moves about."}},{"@type":"Question","name":"Are DXD and SDOW levered on the same thing?","acceptedAnswer":{"@type":"Answer","text":"Yes. Both are levered on the Dow 30, DXD at -2 times and SDOW at -3 times the daily move."}},{"@type":"Question","name":"Which one decays faster, DXD or SDOW?","acceptedAnswer":{"@type":"Answer","text":"Decay follows how much the underlying moves about. Over this window DXD\u2019s moved at 12% annualized and SDOW\u2019s at 12%, so DXD has the rougher ride and, at the same multiple, loses more to compounding."}},{"@type":"Question","name":"Can I hold DXD or SDOW for a year?","acceptedAnswer":{"@type":"Answer","text":"Both reset every day, so the multiple in the name applies to a single day and the daily results compound. Over a year the total is not the multiple times the year\u2019s move, and in a market that falls and comes back it is reliably less. ETFIQ makes no recommendation either way."}},{"@type":"Question","name":"Which is cheaper, DXD or SDOW?","acceptedAnswer":{"@type":"Answer","text":"DXD charges 0.95% a year and SDOW charges 0.95%, so DXD is cheaper. Fees come from each fund's prospectus."}}]},{"@type":"BreadcrumbList","itemListElement":[{"@type":"ListItem","position":1,"name":"ETFIQ","item":"https://etfiq.com/"},{"@type":"ListItem","position":2,"name":"Leveraged ETFs","item":"https://etfiq.com/leverage/"},{"@type":"ListItem","position":3,"name":"DXD vs SDOW","item":"https://etfiq.com/compare/leverage/dxd-vs-sdow"}]},{"@type":"WebPage","name":"DXD vs SDOW: which held to its multiple?","description":"DXD sets out to return -2 times DIA each day and SDOW -3 times. Over the three months to Sep 30, 2026 they finished +1.7 pts and +2.1 pts away.","url":"https://etfiq.com/compare/leverage/dxd-vs-sdow","dateModified":"2026-09-30","abstract":"Over three months against its own daily promise, DXD finished 2.6 points over and SDOW 4.0 points over.","publisher":{"@id":"https://etfiq.com/#org"},"isPartOf":{"@id":"https://etfiq.com/#website"},"speakable":{"@type":"SpeakableSpecification","cssSelector":[".verdict",".faq"]}},{"@type":"Dataset","name":"ETFIQ comparison of DXD and SDOW","description":"DXD sets out to return -2 times DIA each day and SDOW -3 times. Over the three months to Sep 30, 2026 they finished +1.7 pts and +2.1 pts away.","dateModified":"2026-09-30","creator":{"@id":"https://etfiq.com/#org"},"isAccessibleForFree":true,"url":"https://etfiq.com/compare/leverage/dxd-vs-sdow","license":"https://etfiq.com/standards/","publisher":{"@id":"https://etfiq.com/#org"},"inLanguage":"en","creativeWorkStatus":"Published","distribution":[{"@type":"DataDownload","encodingFormat":"application/json","contentUrl":"https://etfiq.com/data/leverage.json"}],"variableMeasured":["Stated multiple","Underlying return","What the stated multiple implies","Fund total return","Difference against the label","Volatility of the underlying","Expense ratio"],"keywords":["exchange-traded funds","ETF","Leveraged ETFs","fund data","SEC filings"]}],"characters":6724,"truncated":true,"content":"ETFIQ / Leveraged ETFs / Head to head / DXD vs SDOW \n ETFIQ etfiq.com \u00b7 independent ETF data \n\n Data as of Sep 30, 2026 .\n\n DXD vs SDOW: which held to its multiple?\n\n Over three months against its own daily promise, DXD finished 2.6 points over and SDOW 4.0 points over.\n Copy this for sharing \n \n ProShares UltraShort Dow30 and ProShares UltraPro Short Dow30.\n\n Download as PDF \n\n +6.3% DXD returned, 3 months \n +9.1% SDOW returned, 3 months \n +1.7 pts DXD from its stated multiple \n +2.1 pts SDOW from its stated multiple \n\n ETFIQ Decay Resistance Score: SDOW scores higher\n Did it keep up with its","source":"ETFIQ, independent ETF data. Recomputed nightly from public filings and prices.","publisher":{"@id":"https://etfiq.com/#org","name":"ETFIQ","url":"https://etfiq.com"},"license":"https://etfiq.com/license/","citation":"ETFIQ, as of Sep 30, 2026. https://etfiq.com/compare/leverage/dxd-vs-sdow","a":{"ticker":"DXD","name":"ProShares UltraShort Dow30","issuer":"ProShares","desk":"leverage","as_of":"2026-09-30","verdict":"Three months to Sep 30, 2026: DXD returned +6.3% where its own daily promise gave +3.7%, 2.6 points over.","url":"https://etfiq.com/funds/dxd","key_facts":[{"label":"What DIA did","value":"\u22122.3%","as_of":"2026-09-30","source":null},{"label":"What \u22122 times a day gives","value":"+3.7%","as_of":"2026-09-30","source":null},{"label":"What the fund returned","value":"+6.3%","as_of":"2026-09-30","source":null},{"label":"The fund itself added","value":"+2.6 pts","as_of":"2026-09-30","source":null},{"label":"Net assets","value":"$46m","as_of":"2026-09-30","source":"issuer page, as of Sep 30, 2026"},{"label":"Expense ratio","value":"0.95%","as_of":"2026-09-30","source":"485BPOS XBRL, Sep 25, 2026"}]},"b":{"ticker":"SDOW","name":"ProShares UltraPro Short Dow30","issuer":"ProShares","desk":"leverage","as_of":"2026-09-30","verdict":"Three months to Sep 30, 2026: SDOW returned +9.1% where its own daily promise gave +5.1%, 4.0 points over.","url":"https://etfiq.com/funds/sdow","key_facts":[{"label":"What DIA did","value":"\u22122.3%","as_of":"2026-09-30","source":null},{"label":"What \u22123 times a day gives","value":"+5.1%","as_of":"2026-09-30","source":null},{"label":"What the fund returned","value":"+9.1%","as_of":"2026-09-30","source":null},{"label":"The fund itself added","value":"+4.0 pts","as_of":"2026-09-30","source":null},{"label":"Net assets","value":"$154m","as_of":"2026-09-30","source":"issuer page, as of Sep 30, 2026"},{"label":"Expense ratio","value":"0.95%","as_of":"2026-09-30","source":"485BPOS XBRL, Sep 25, 2026"}]},"overlap_pct":null,"overlap_note":"ETFIQ does not publish a holdings overlap for this pair. Either the funds are not compared on holdings, or one book is incomplete.","full_text_at":"https://etfiq.com/compare/leverage/dxd-vs-sdow"}